Press

Latest news and publications

Latest news and publications


ING finances Greenfield Onshore Wind Farm in France

September 5, 2019

ING Wholesale Banking has successfully arranged a EUR 73 million project financing for the French wind farm developer Eco Delta, for construction and operation of the 48.4 MW onshore windfarm Maestral. The transaction represents a landmark as representing the largest greenfield onshore wind farm in the South of France of the year.

Press release


Dürr issues the first ESG-linked Sustainability Schuldschein with ING

June 19, 2019

On June 18, the machinery and plant manufacturer Dürr AG issued a Euro 200 million Sustainability Schuldschein. The special feature of this type of sustainable financing is that interest rate of the coupon is linked to Dürr Group's sustainability rating.

Press release


ING finances the “Aurum” office building in Munich

June 4, 2019

ING Wholesale Banking and M&G Real Estate have closed another financing of €33.6m (40% LTV) for the modern office building “Aurum” in Munich.

Press release


ING and LBBW finance logistics real estate portfolio for KGG

April 24, 2019

Landesbank Baden-Württemberg (LBBW) and ING Wholesale Banking have refinanced a portfolio of six logistics buildings in Bremen, Moenchengladbach, Nuremberg, and Pforzheim for KGG, a partnership between Malaysian retirement fund the Employees Provident Fund and the logistics specialist Goodman. Both banks each provides half of the EUR 136 million in financing.

Press release


ING acquires stake in Export Finance specialist AKA

April 8, 2019

ING Germany is taking the next step towards further growth of its Wholesale Banking business by acquiring five per cent in European Export and Trade Bank AKA („AKA“). Michiel de Vries, Global Head Structured Export Finance at ING, will join the Supervisory Board of AKA.

Press release


Refinancing of Kaiser Wilhelm Höfe by ING

April 2, 2019

ING Wholesale Banking has refinanced the "Kaiser Wilhelm Höfe" in Cologne, which is managed by Art-Invest Real Estate, on a long-term basis with EUR 100 million. The office complex located at the Kaiser-Wilhelm-Ring between MediaPark and the Belgian Quarter consists of three existing buildings and the lately completed new building the "Kaiser Hof".

Press release


ING Germany continues success story

February 7, 2019

ING continued its growth course in Germany and Austria in 2018 and again surpassed the previous year’s result. ING-DiBa AG’s earnings before taxes, which were recorded for the last time for the sake of comparability, rose to EUR 1,280 million in the past fiscal year (2017: EUR 1,269 million).

Press release


ING finances wind farm Lakiakangas in Finland

October 29, 2018

ING Wholesale Banking structured and arranged the EUR 70,000,000 project financing of the onshore wind farm Lakiakangas located in Karijoki and Isojoki, Finland. The project sponsor is CPC Germania.

Press release


ING new financings for M&G Real Estate in Germany

April 23, 2018

ING Real Estate Finance Germany closed two transactions in Germany for a combined amount of €55m (sub 45% LTV) with M&G Real Estate, the real estate fund management arm of M&G Investments.

Press release


New profits record in 2017

February 1, 2018

ING-DiBa closed the financial year 2017 with a record result – for the fifth time in a row – posting earnings of EUR 1,269 million before tax. The bank now manages a business volume of EUR 288 billion (2016: EUR 269.1 billion).

Press release


ING, pbb and LBBW finance Sony Center

November 16, 2017

pbb Deutsche Pfandbriefbank AG, Landesbank Baden-Württemberg (LBBW) and ING Wholesale Banking, acting as Mandated Lead Arrangers and Original Lenders, have provided the long-term financing for the "Sony Center" in Berlin for a joint venture of Oxford Properties Group and Madison International Realty with a total volume of EUR 625 million. In addition, pbb acts as a facility and security agent for the financing.

Press release


ING refinances Vattenfall headquarters in Berlin for Barings

September 29, 2017

In September 2017 Barings Real Estate Advisers refinances €47 million of the Vattenfall headquarters in Berlin-Mitte with ING Wholesale Banking in a bilateral deal structure. The property at the corner of Chaussestraße/Zinnowitzer Straße in Berlin was acquired by Barings in June this year. The 18,900 sqm office building is completely let to Vattenfall.

Press release


Michele Monterosso appointed Head of Real Estate Finance in Germany and Austria

September 28, 2017

Michele Monterosso has been appointed Head of Real Estate Finance Germany & Austria within Lending Services of ING Wholesale Banking, effective from October 2017.

Press release


ING refinances three office assets in Hamburg, London and Paris for Hines

September 11, 2017

In August 2017 ING Wholesale Banking refinanced €70 million debt for three core office buildings in prime locations in Hamburg, London and Paris for Hines acting on behalf of one of its funds.

Press release


Financing of Commerzbank Tower

September 7, 2017

Lenders consortium of ING, BayernLB and pbb Deutsche Pfandbriefbank financed the acquisition of the Commerzbank Tower in Frankfurt for an Asian institutional investor.

Press release


Investment in Energy Supplies of the Future

June 23, 2017, umweltdialog.de

Due to the energy transition and fluctuating stock prices, the municipal utilities in Germany are under massive pressure. The formerly lucrative suppliers of conventional power generation are threatened to lose business if they do not transform into urban businesses. There are, however, new possibilities to make money by selling electricity. The city of Kiel is an example of how to transform, with its new flexible shoreline powerhouse that should become active in Spring of 2018. The necessary financing was provided by the corporate banking branch of ING-DiBa, ING Wholesale Banking.

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Foreign Countries Discover the Schuldschein

May 3, 2017, Frankfurter Allgemeine Zeitung

The Schuldschein is becoming more and more interesting for businesses and investors. Klaus Pahle discusses the well-established financial instrument with FAZ editor Markus Frühauf.

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LBBW and ING to finance portfolio of office real estate

February 14, 2017

Landesbank Baden-Württemberg (LBBW) and ING Wholesale Banking have refinanced an international portfolio of office real estate for a joint venture between US pension fund manager TIAA and the two Swedish national pension funds AP1 and AP2.

Press release


ING’s CEO von Schorlemer: "We want to become a Core Bank"

January 19th, 2017, “FINANCE TV”

ING is making progress with its growth offensive in German Corporate Banking: 130 German businesses are customers of ING Wholesale Banking, said CEO Joachim von Schorlemer in an interview with FINANCE-TV. He announced, “We will invest and grow substantially.” Von Schorlemer also discussed the role of credit, how the cost-income ratio of the bank has developed, and how ING Wholesale Banking has separated itself from competitors in the highly competitive German market. The whole story can be found in his interview with FINANCE-TV.

Link


ING-DiBa expanding corporate clients business

January 13, 2017, “Frankfurter Allgemeine Zeitung”

Joachim von Schorlemer about expanding of the lending business, building business relationships and the corporate culture at ING Wholesale Banking.

Link


ING provided EUR 85mln to CA Immo on refinancing Kontorhaus in Munich

January 17, 2017

ING Wholesale Banking Germany has provided a EUR 85,000,000 term loan to German subsidiary of the Austrian real estate group CA Immobilien Anlagen AG 2016 to finance the investment phase of Kontorhaus.

Press release


„In the future we will be involved earlier”

1 – 2/2017, Energie & Management

Christian Schulz about changes in the financing of wind park projects

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ING acquires stake in Export Finance specialist AKA